Twitter rolls out new ‘Tip Jar’ feature to reward good tweets
Twitter will allow the regular users monetise their content. The company states it will not take a cut, as money is are not going through them
New Delhi: Micro-blogging site Twitter has rolled out a new feature known as ‘Tip Jar’, which allows people to send money to their favourite users. Mashable reported that the feature which was announced on Thursday is not available to everyone yet. As per Twitter, it is currently rolling out to a limited group of “creators, journalists, experts, and non-profits.”
However, anyone using Twitter in English can send tips to eligible accounts. Mashable unveiled that the users will know the feature is available to them when they receive a prompt from the company.
Once a user activates Tip Jar on their account, they will be able to connect it to popular payment platforms such as Cash App, PayPal, Venmo, Patreon, and Bandcamp. A Twitter user looking to send a tip will click one of those services and be taken to the selected app to make their payment. Android users can also send tips via Tip Jar within Twitter Spaces audio chats.
The company states it does not take a cut, as transactions are not going through the company. Per Mashable, earlier, Twitter allowed large publishing companies to make money from video content via ads and this is the first time it has let regular users monetise their content.
Other social media platforms like YouTube, Twitch, and Facebook have long allowed many users to monetise their content if they hit certain viewership or subscriber goals.